Sep 12, 2023 02:58 PM

BUSINESS

Alibaba Will Focus on AI and Users in Business Revamp, CEO Says

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Alibaba's Taobao mascot installation is displayed near the company's headquarters in Hangzhou on Nov. 10. Photo: Bloomberg

Alibaba's Taobao mascot installation is displayed near the company's headquarters in Hangzhou on Nov. 10. Photo: Bloomberg

(Bloomberg) — Alibaba Group Holding Ltd. will make artificial intelligence and user experience its top strategic priorities, its new chief executive officer told employees in a memo reviewed by Bloomberg News.

“We will recalibrate our operations around these two core strategies and reshape our business priorities,” newly appointed chief Eddie Wu wrote in his first comments to staff since taking over on Sept. 10.

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